1 bedroom Apartment in Livadia, Larnaka, Cyprus No. 52895

Bedrooms

51 sq.m.

Square

€ 155 000

€ 3 039 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

Parameters

Property Description

A modern residential complex located in a quiet, well-connected village of Livadia (Larnaca), just minutes from the city centre, the sea, schools, and shopping facilities.

The complex consists of several buildings offering one and two-bedroom apartments with covered balconies, private storage rooms, and dedicated parking spaces. Top-floor units feature spacious roof gardens with panoramic views.

Residents enjoy shared amenities including a swimming pool, sauna, and gym. High-quality finishes are used throughout, including double-glazed aluminium windows, granite kitchen countertops, and premium flooring.

The Project has EPC certificate with "A" Energy Efficiency Rating.